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VC firm Antler’s India arm will invest a third of its $100-150 million corpus for the country into 25-30 blockchain and Web3 start-ups over the next two to three years.
Nitin Sharma, Partner and co-head at Antler India, said: “We focus on the first leg of the founder journey or the transition to Web3, and aim to be their first port of call. In terms of themes, we are currently exploring startups building infrastructure for decentralised autonomous organisations (DAOs), better usability infrastructure for wallets and keys, blockchain software for institutions and gaming.”
The VC firm will look to make the
